Loan Screens > Account Information Screen Group > Additional Loan Fields Screen > Origination/Maturity tab

Entry: System, numeric

F/M: Yes

Mnemonic: LNFACE

Screen: Loans > Account Information > Additional Loan Fields > Origination/Maturity tab

The calculation for this field varies according to the type of loan and how your institution calculates this amount. This amount is brought over when the loan is originated (it is the amortized face amount of the loan). It is not necessarily the same as the Face Amount displayed on the Loans > Original Loan Disclosure or Purchase Disclosure screens (depending on how your institution uses Face Amount).

You should never need to change the amount in this field. However, if you do need to make changes to this field, you may need special security (see Field-level Security below).

The Face Amount is calculated by taking the Original Balance on the loan and subtracting any original unearned precomputed interest (if applicable).

Face Amount = Original Balance - Original Unearned Precomputed Interest

Example: The Original Balance on a loan is $1,450.00. The loan is a precomputed loan with Original Unearned Precomputed Interest of $150.00.

$1,450.00 - $150.00 = $1,300 is the Face Amount

Field-level Security

The security supervisor at your institution can restrict users from changing this field through the Loans > System Setup Screens > Field-level Security screen, then complete these steps:

1.	Select the person or profile for whom you want to restrict this field in the Name or Profile fields.

2.	In the Record Type field, select "CFLN - Loan Master."

3.	Check the box next to "LNFACE - Original Face Amount."

4.	Click <Save Changes>.

The employee or profile will not be restricted from making changes to this field.